


- Top Private Equity Firms India -
Welcome to the Rainmakrr Top Private Equity Firms India 2023 Guide.

Private Equity Firms India: Overview
Private equity in India has been growing rapidly in the past few years and has become an important source of capital for Indian businesses.
According to a report by Bain & Company, the Indian private equity (PE) and venture capital (VC) market reached approximately $70 billion in investments in 2021, bouncing back from a pandemic-induced slowdown with fury.
Private equity firms India Guide
The report also highlights that the year 2022 saw a global tempering of the peak activity witnessed in 2021, triggered by tightening monetary policies across American and European markets as economies emerged from a Covid-19-induced suppression in economic activity.
The investment ecosystem in India is conducive to private equity investments, with a large and growing middle class, a young population, and a government that is focused on economic growth and development. India's location also makes it an attractive destination for private equity investors, as it is strategically located between Asia, Europe, and the Middle East.
Private equity investments in India are spread across various sectors, including IT, healthcare, financial services, real estate, and consumer goods. Blackstone Group, Warburg Pincus, and KKR are among the top private equity firms operating in India. These firms have a well-established presence in India and have made significant investments in various sectors.
Private equity firms India Guide
Overall, private equity in India is expected to continue to grow in the coming years, with the Indian economy projected to become the third-largest economy in the world by 2030. The Indian government's focus on economic growth and development, coupled with a large and growing middle class, makes it an attractive destination for private equity investors.
Top Private Equity Firms in India
India is one of the fastest-growing economies in the world, and private equity firms are taking notice. With a growing middle class and increasing disposable income, India is ripe for investment. Here are some of the top private equity firms operating in India as of 2023.
Blackstone Group
Blackstone Group is a global private equity firm with a well-established presence in India. The firm invests in a broad spectrum of market sectors, including real estate, IT, and consumer goods. With over $881 billion in total assets under management (AUM), Blackstone is one of the largest private equity firms in the world.
Warburg Pincus
Warburg Pincus is a growth-focused private equity firm that has made significant investments in India's tech, healthcare, and financial sectors. The firm has a reputation for partnering with management teams to drive growth and create value. With over $71 billion in AUM, Warburg Pincus is one of the largest and most active private equity firms in the world.
Carlyle Group
The Carlyle Group is a global private equity firm with a significant presence in India. The firm invests in a wide range of sectors, including healthcare, consumer, and technology. Carlyle has a reputation for being a value-oriented investor, and the firm's India team has a deep understanding of the local market.
ChrysCapital
ChrysCapital is one of the largest private equity firms in India, with a focus on growth and buyout investments in the country's healthcare, financial services, and consumer sectors. The firm has a reputation for backing successful entrepreneurs and partnering with management teams to create value.
Multiples
Multiples is a homegrown private equity firm that invests in high-growth companies in India's consumer, healthcare, and financial services sectors. The firm has a reputation for being a long-term investor and has a strong track record of backing successful companies.
Everstone Capital
Everstone Capital is a private equity and real estate investment firm with a focus on India and Southeast Asia. The firm has a reputation for being a value-oriented investor and has a strong track record of backing successful companies in the consumer, healthcare, and financial services sectors.
CVC Capital Partners
CVC Capital Partners is a global private equity firm with a significant presence in India. The firm invests in a wide range of sectors, including healthcare, consumer, and technology. CVC has a reputation for being a value-oriented investor and has a strong track record of backing successful companies.
Baring Private Equity
Baring Private Equity is a global private equity firm with a significant presence in India. The firm invests in a wide range of sectors, including healthcare, consumer, and technology. Baring has a reputation for being a value-oriented investor and has a strong track record of backing successful companies.
TPG Growth Capital
TPG Growth Capital is a global private equity firm with a significant presence in India. The firm invests in a wide range of sectors, including healthcare, consumer, and technology. TPG has a reputation for being a value-oriented investor and has a strong track record of backing successful companies.
CLSA Capital Partners
CLSA Capital Partners is a private equity firm with a focus on Asia, including India. The firm invests in a wide range of sectors, including healthcare, consumer, and technology. CLSA has a reputation for being a long-term investor and has a strong track record of backing successful companies.
Kotak Private Equity
Kotak Private Equity is a homegrown private equity firm that invests in high-growth companies in India's consumer, healthcare, and financial services sectors. The firm has a reputation for being a long-term investor and has a strong track record of backing successful companies.
ICICI Venture
ICICI Venture is a homegrown private equity firm that invests in high-growth companies in India's consumer, healthcare, and financial services sectors. The firm has a reputation for being a long-term investor and has a strong track record of backing successful companies.
Apollo Global Management
Apollo Global Management is a global private equity firm with a significant presence in India. The firm invests in a wide range of sectors, including healthcare, consumer, and technology. Apollo has a reputation for being a value-oriented investor and has a strong track record of backing successful companies.
Actis
Actis is a private equity firm with a focus on emerging markets, including India. The firm invests in a wide range of sectors, including healthcare, consumer, and technology. Actis has a reputation for being a long-term investor and has a strong track record of backing successful companies.
Future Trends in Private Equity
Private equity in India is expected to continue its growth trajectory in the coming years. The industry has come a long way since its inception in India, and it is expected to continue to evolve with time. Here are some of the future trends that are expected to shape the private equity landscape in India:
Venture Capital Investments Continue to Rise
Venture capital (VC) investments are expected to continue to rise in India. The country has a large pool of talented entrepreneurs who are building innovative businesses.
Private equity firms India Guide
These entrepreneurs require capital to fund their businesses, and VC firms are stepping in to fill this gap. In 2022, VC investments in India reached approximately $20 billion, and this trend is expected to continue in the coming years.
PE/VC Funds Focus on Growth Capital
Private equity (PE) and VC funds are expected to focus on growth capital investments in the coming years. Growth capital investments are investments made in companies that have already established themselves and are looking to expand their operations. These investments are less risky than early-stage investments, and they offer attractive returns to investors.
Dry Powder Continues to Rise
Dry powder, which refers to the capital that PE and VC firms have raised but not yet invested, is expected to continue to rise in India. According to a report by Bain & Company, dry powder in India reached approximately $45 billion in 2022, up from $35 billion in 2021.
Private equity firms India Guide
This trend is expected to continue in the coming years, as PE and VC firms continue to raise capital from investors.
Conclusion
In conclusion, the private equity industry in India has been thriving in recent years, with a growing number of investors and companies seeking out investment opportunities.
private equity firms india
Private equity firms have been instrumental in providing capital to businesses that are poised for growth, and have helped drive the country's economic development.
Overall, the private equity industry in India offers a compelling opportunity for investors and companies alike, and has the potential to drive significant economic growth and development in the years to come.
Please check our Asia section for specific news on articles on private equity written by or written in collaboration with Rainmakrr regarding investments in India and Indias private equity scene including healthcae, real estate and TMT finance infrastructure.

private equity firms india